Services for an Investment Adviser Subject to SEC’s Switch Rule

There is a variety of services that RIA Compliance Consultants, Inc. (“RCC”) can provide to assist an investment adviser currently registered with the U.S. Securities and Exchange Commission (“SEC”) and subject to the SEC’s new “switch” rule.

For many investment advisers, the switch will coincide with filing the Form ADV Part 1 annual amendment. An investment adviser which exceeds the mid-sized threshold will not be required to switch; however, such an investment adviser will be required to file an amendment to the Form ADV Part 1A indicating its eligibility to remain SEC registered. An investment adviser switching from SEC to state registration will need to make sure that it has written supervisory procedures and code of ethics for a state registered adviser specifically referencing the governing state securities regulations rather than the Investment Advisers Act of 1940.

Since investment advisers may have different needs when it comes to the process of remaining registered with the SEC or switching registration from the SEC to state securities regulator(s), we have developed a variety of service packages as described below. Please note that Options R1 – R2 and Options S1 – S6 are for both existing and new clients of RCC, and Options S7 – S12 listed below are only available for existing clients of RCC that have previously purchased either a state specific or a customized compliance manual through RCC.

Any revisions to Form ADV Part 2 not specifically referenced above (i.e., revisions requested by state securities regulators after document is submitted for registration; revisions requested by client not relating to revisions required due to switch from SEC to state registration).

The above description is merely a summary of our switch services for new and existing RCC clients. Please refer to our consulting agreement for a more detailed explanation of the scope of our services.

Our services and pricing are based on each client’s specific situation and needs. There are a variety of factors that may affect the pricing of the services disclosed above and there are some optional services that may need to be added to these packages. In order to obtain a quote for these services, please click here to schedule a time for one of our consultants to further discuss your firm’s needs and how RIA Compliance Consultants can assist you.

For More Information

For More Information

To learn more about our services and products or to set up a time to speak with one of our Compliance Consultants call:

Annual Investment Advisor Compliance Program

RIA Compliance Consultants|877-345-4034|

*RIA Compliance Consultants, Inc. (“RCC”) is not a law firm and does not provide legal services. A compliance consulting relationship with RCC is not provided those legal and professional protections that normally exist under an attorney-client relationship. For more information, please visit our Disclosures webpage.

The determination to use a third-party compliance services provider is an important decision and should not be based solely upon advertisements or self-proclaimed expertise. A description or indication of limitation of our compliance services does not mean that an agency or board has certified RCC as a specialist or expert in investment advisor compliance. All potential clients are urged to make their own independent investigation and evaluation of RCC.